Browse Arkansas Code titles and sections
4-28-218. Books and accounting records.
Arkansas Code — all titles (historical 2020) · legal_authorities
4-28-218. Books and accounting records.
(a) Each corporation shall keep correct and complete books and records of account.
(b) All receipts of moneys and expenditures shall be properly recorded according to accepted accounting principles.
(c) A record of the proceedings of its members, board of directors, and committees shall be kept.
(d) A record of the names and addresses of its members entitled to vote shall be maintained at the principal office or place of business of the corporation.
(e) All books and records of a corporation may be inspected by any member for any proper purpose at any reasonable time.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 4-28-218
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:4-28-218
Source file: gov.ar.code.title.04.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 68c5fdee035daafff5fc42e28d7b401d6e401e3c80e04e593f7698090b5c40d6
Source location: content.xml paragraph 18714
Stored source content
4-28-218. Books and accounting records.
(a) Each corporation shall keep correct and complete books and records of account.
(b) All receipts of moneys and expenditures shall be properly recorded according to accepted accounting principles.
(c) A record of the proceedings of its members, board of directors, and committees shall be kept.
(d) A record of the names and addresses of its members entitled to vote shall be maintained at the principal office or place of business of the corporation.
(e) All books and records of a corporation may be inspected by any member for any proper purpose at any reasonable time.
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